Questions
Compare and Contrast the following pairs of terms. 1. Dynamically efficient allocation and Sustainability criterion 2....

Compare and Contrast the following pairs of terms.

1. Dynamically efficient allocation and Sustainability criterion
2. Criteria pollutants and Regional pollutants
3. Efficient allocation of surface water and Efficient allocation of groundwater 4. Rotation age and Discount rate

In: Economics

12/31/2021   12/31/2022   12/31/2023            Sales   $177,600    $182,600    $205,100 Cost of goods sold...

12/31/2021   12/31/2022   12/31/2023
          
Sales   $177,600    $182,600    $205,100
Cost of goods sold 98,000    104,500    118,300
Gross margin $79,600    $78,100    $86,800
General and administrative expenses 18,500    20,300    21,200
Operating income $61,100    $57,800    $65,600
Interest expense 2,100    2,400    2,600
Income before taxes $59,000    $55,400    $63,000
Tax expense 9,400    9,600    11,000
Net income $49,600    $45,800    $52,000

What is the working ratio for south Paw veterinary supply on 12/31/2021?

A.8,200 B.3,800 C.1,800 D.56,100

What is the current ratio for South Paw Veterinary Supply on 12/31/2023?

A.13.63 B.0.69 C.1.91 D.0.88

What is the debt ratio for South Paw Veterinary Supply on 12/31/2021?

A.31.19% B.31.43 % C.4.21% D.23.78%

What is the times interest earned ratio for South Paw Veterinary Supply on 12/31/2022?

A.19.08 B.24.08 C.0.05 D.23.08

What is the gross margin percentage for south Paw veterinary Supply on 12/31/2023?

A.31.98% B.25.35% C.42.32% D.22.92%

What is the return on sales for South Paw Veterinary Supply on 12/31/2023?

A.31.98 B.22.92 C.42.32% D.25.35%

In: Economics

9. At age 65, people become eligible for Medicare, the public health insurance system for the...

9. At age 65, people become eligible for Medicare, the public health insurance system for the elderly in the US. Do you think this would reduce disparities in health insurance, healthcare access, and health between sociodemographic groups (for example, low vs. high income, race)? Explain.

In: Economics

Do you think that minimum wage laws affect overall poverty? Explain.

Do you think that minimum wage laws affect overall poverty? Explain.

In: Economics

2. Black men have the lowest life expectancy of any major demographic group in the United...

2. Black men have the lowest life expectancy of any major demographic group in the United States. Black men live, on average, 4.5 fewer years than non-Hispanic white men. Given what we’ve learned in class, list at least 2 demand and 2 supply side factors in health and healthcare markets that may explain this disparity.

In: Economics

5. How would you expect the expansion of Medicaid to affect the market for healthcare? Would...

5. How would you expect the expansion of Medicaid to affect the market for healthcare? Would it increase supply or demand? What would you expect to happen to the utilization of healthcare and the price of healthcare?

In: Economics

Discuss the differences and similarities between these three business forms : 1. Differences and similarities between...

Discuss the differences and similarities between these three business forms :

1. Differences and similarities between LLC in USA vs SARL in Lebanon

2. Corporation in USA vs S.A.L in Lebanon

3. General Partnership in USA vs. Unlimited Partnership in Lebanon

In: Economics

1. How does a central bank influence the lending capacity of the banks? 2. How do...

1. How does a central bank influence the lending capacity of the banks?

2. How do the fluctuations in the exchange rate influence the domestic price level?

3. What is a barter system? The drawbacks of this system are as follows:

4. Why is comparative advantage rather than absolute advantage the basis for trade?

5. Explain the concept of “lender of last resort.” What is discount rate?

In: Economics

1. Explain three factors that would cause the dollar to appreciate. 2. What is fiat money?...

1. Explain three factors that would cause the dollar to appreciate.

2. What is fiat money? Why is fiat money important in the United States today?

3. What is the impact of expansionary fiscal policy on the exchange rate? Explain the process through which expansionary fiscal policy affects the exchange rate.

4. Discuss the opposing points of view on U.S. trade deficit.

5. Describe the origins of the Fed and the arguments about the independence of the Fed.

In: Economics

Consider the Price Elasticity of Demand. Explain how a solid understanding of this, in conjunction with...

Consider the Price Elasticity of Demand. Explain how a solid understanding of this, in conjunction with other economics concepts, can help a business improve its performance (e.g. increase sales revenue)

In: Economics

32. Dumping means selling goods in a foreign market at lower prices than those charged in...

32. Dumping means selling goods in a foreign market at lower prices than those charged in the home market.

True

False

33. A large tax cut in the United States should lead to an increase in the trade deficit.

True

False

34.If you have a checking account at Citibank, the account is a liability of the bank.

True

False

35. A store of value is the function of money when used to transfer purchasing power to the future.

True

False

36. If the Fed sells $5 million in government bonds, how much will the money supply change?

a.

It will decrease by more than $5 million.

b.

It will increase by $5 million.

c.

It will decrease by $5 million.

d.

It will increase by more than $5 million.

37. If a country begins to import more of a commodity, one can normally expect the price of the commodity to

a.

remain unchanged in that nation.

b.

rise and then fall below where it was originally.

c.

rise in that nation.

d.

drop in that nation.

In: Economics

For this week's discussion, the focus will be on examining Porter's Five Forces as a tool...

For this week's discussion, the focus will be on examining Porter's Five Forces as a tool for looking at the pressures on profits. Specifically, you will be looking at defining Porter's Five Forces and applying this tool to the market structures and pressures on profits of a chosen group of firms.

Instructions

Review the two groups of firms below:

  • Group 1: the accommodations industry (e.g., Hilton, Marriott Bonvoy, InterContintental Hotel Group).
  • Group 2: the wireless telecommunications industry (e.g., Verizon, AT&T, T-Mobile).

In your discussion post, address the following:

  • Which of these groups operates in a monopolistic competitive industry? Which operates in an oligopoly?
    • How did you determine the classification of each group? That is, what are the key characteristics of each group that indicate the type of industry it operates in?
  • Chose one of the groups and use Porter's Five Forces to analyze the pressures on profits for your chosen group's firms.
    • If you want to dig deeper into how one of the firms views the challenges it faces, you might want to look at the firm's investor page.

Note: In your discussion posts for this course, do not rely on Wikipedia, Investopedia, or any similar website as a reference or supporting source.

In: Economics

What is first-degree price discrimination? Is the outcome under perfect price discrimination allocatively and productively efficient?...

What is first-degree price discrimination? Is the outcome under perfect price discrimination allocatively and productively efficient? How does your answer change if the monopolist cannot price discriminate?

In: Economics

Principles of Microeconomics: Pick one or more of the textbook chapters and research a current topic...

Principles of Microeconomics:

  1. Pick one or more of the textbook chapters and research a current topic related to the chapter(s). Topic= Perfect competition
  2. Pick a public corporation or organization, and describe the business using the concepts learned in the course such as demand, supply, elasticity, costs, market structure...
  3. Pick a product and define the demand and supply determinants for that product. Also explain the product´s elasticity, cost structure, market, and competition.

2. The grade will depend on how much you apply the concepts learned in the course and shown in the text-book

3. Main body of the paper should be between 4 to 6 pages depending of the number of section used.

In: Economics

Using the Expenditure Model (GDP = C + G + I + NX), draw a graph...

Using the Expenditure Model (GDP = C + G + I + NX), draw a graph that depicts Demand-Pull inflation.

In: Economics